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SKF India Q3 net profit rises 14.1% to Rs 117.9 crore
SKF India on Friday reported a 14.1 per cent rise in its net profit to Rs 117.9 crore for the quarter ended September 30, 2022, on the back of higher sales. The company had posted a net profit of Rs 103.4 crore in the same quarter last year.
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SKF India to invest Rs 300 crore in new manufacturing facility in Tamil Nadu
SKF India, a leading manufacturer of bearings and seals, plans to invest Rs 300 crore in a new manufacturing facility in Tamil Nadu. The new facility will be located in the Oragadam Industrial Park near Chennai and will manufacture a range of bearings and seals for automotive and industrial applications.
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SKF India Q2 net profit rises 22% to Rs 108 crore
SKF India on Wednesday reported a 22 per cent increase in its net profit to Rs 108 crore for the quarter ended June 30, 2022, on the back of higher sales. The company had posted a net profit of Rs 88 crore in the same quarter last year.
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SKF India appoints Ninad Gadgil as Managing Director
SKF India, a leading bearings manufacturer, has appointed Ninad Gadgil as its new Managing Director effective from January 1, 2023. Gadgil will succeed Manish Bhatnagar, who has been leading the company since 2019.
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SKF India launches new range of bearings for electric vehicles
SKF India has introduced a new range of bearings specifically designed for electric vehicles. The new bearings are designed to meet the specific requirements of electric vehicles, such as high torque, high speeds, and low noise.
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SKF India partners with E-Mobility India to promote electric vehicle industry
SKF India has partnered with E-Mobility India, a leading industry body for electric vehicles, to promote the growth of the electric vehicle industry in India. The partnership will focus on developing new technologies, sharing knowledge, and promoting the adoption of electric vehicles.
